click to show more information

click to hide/show information About your Search

20130318
20130326
Search Results 0 to 6 of about 7
contributor, andy bush, author and publisher of the "bush update" and lecamp. >> i would caution optimism. there's going to be a bank run as soon as these banks open up on tuesday. the corporate money will pull out as fast as they can. we're not sure how much will destabilize what's left of the cypriot banking system. this isn't like an earthquake but this will help stabilize things. again, europe doesn't have any growth so the united states still looks like the place to be for your investments. >> absolutely. but jim lecamp just on the bank run i can't predict anything but what i'm reading and getting reports on is that there will capital controls on the banks, with the two biggest banks to calm this down. >> of course there will, but whatever they let you pull out people will pull out. wealthy people talk to one another. no one will want to hold their money in those banks. not only that if you have deposits in a port fwees bank, a spanish bank, greek bank and you can take that money across the street and put it in a german bank why downtown you do that now they they set this precedent t
because president bush approved a program to follow the shuttle. the new manned space program rocket was supposed to be called constellation. >> mm-hmm. >> and now you guys call it-- >> all: cancellation. >> unfortunately. >> lou hanna and joe urich, holly petrucci, and mike carpenter planned to transfer from shuttle to constellation. they were encouraged when candidate barack obama came to brevard county in 2008, three months before the election. >> i'm gonna ensure that our space program doesn't suffer when the shuttle goes out of service by making sure that all those who work in the space industry in florida do not lose their jobs when the shuttle is retired, because we can't afford to lose their expertise. >> well, we were lied to when obama came through. gave us a lot of hope and supposedly a lot of change. well, i've got change in my pocket, but the hope is gone. >> in 2010, president obama cancelled constellation and turned over development of a new spaceship to private enterprise. then congress dealt another blow by cutting the funding for the obama plan in half. now the work
-oxley act of 2002. [applause] >> it was overwhelmingly passed by congress and signed by president bush following the last big round of corporate scandals involving enron, tyco, and worldcom. it was supposed to restore confidence in american corporations and financial markets. the sarbanes-oxley act imposed strict rules for corporate governance, requiring chief executive officers and chief financial officers to certify under oath that their financial statements are accurate and that they have established an effective set of internal controls to ensure that all relevant information reaches investors. knowingly signing a false statement is a criminal offense punishable with up to five years in prison. frank partnoy is a highly regarded securities lawyer, a professor at the university of san diego law school, and an expert on sarbanes-oxley. >> the idea was to have a criminal statute in place that would make ceos and cfos think twice, think three times, before they signed their names attesting to the accuracy of financial statements or the viability of internal controls. >> and this law ha
sales. the street reacting. rbc, stifel, and red bush all cutting their price targets. jabil circuits a down some 28% in the last 12 months. now, jabil's largest customer, though, is apple, and they are a different story. traders telling me that, technically, that stock has been acting better. we had an initial move higher last week, held higher, digested those gains. traders want to see if we can take back 462 bucks, which is the 52-moving average. yahoo! moved higher today. analysts moved that to outperform. they assume ali baba will complete its ipo within the next 12 months, benefiting yahoo! as it has a 24% stake in the company. bmc software also enjoying some support. reuters is reporting that private equity firms are joining forces in the auction of bmc, making it more likely that the business software maker will be taken private. and we'll end here on aviv, the health care-focused reit began trading today under the ticker aviv, that stock up about 2% right now. >> in the meantime, had a pretty good sell-off for a time, for a brief moment, the dow was down 128 points. well off
. oliver bush from gary goldberg financial services joining us. also with us, matt mccormack from ball and gainer investment council. oliver, i'm going to start with you. you do see a correction coming in the s&p. how significant will it be and what will trigger it? >> we don't know what's going to trigger it. but saluations are certainly stretched at this point. we had 1550, 1560. that was above most people's targets for year end. you have to ask yourself there's going to be a little pullback. 4%, 5%, 6%. you've got the bank of japan, u.s. fed, ecb. everybody's adding liquidity. >> there's plenty of money. >> that doesn't mean there's no risk in the market. smart investors shouldn't try to time things but look at high quality dividend paying stocks. matt and i were talking beforehand. we both agree that's the best place to be. the thing you should be doing right now in terms of paring back risks. >> did he give away your schpiel there? >> if you look at a stock leading s&p year to date it's netflix. 14 times price to book. in cincinnati we say that's a little bit overvalued. look at d
was involved in a decision to dismiss three of the four defendants in a lawsuit the bush administration brought against the new black panther party. will the republicans run with that? will they be in opposition to his nomination? >> they'll run with it to some degree. that black panther case doesn't amount to much. there are other controversies as well, aggression sill proponent of voting rights and there was an article criticizing the way he criticized interpretation of disparate impact of federal policies on minorities compared to other americans. tom perez is a liberal no question about it. the president is determined to have people who both ideologically as well as demographically and ethnically reflect his coalition and his approach to governance. i do expect tom perez used to work for ted kennedy and used to be a local official here in this washington d.c. area as montgomery council member and will get flak from republicans and ultimately to be confirmed. >> and strong support from the labor unions and hispanic groups. john harwood from washington. >>> would you want to get rid of your b
of client investment strategies with russell investments. the managing director with web bush securities. steve, i'll start with you. how do you read the market's reaction to the cyprus move in the news today? >> i think cyprus is a one-op deal. very different than the other european countries. the banking industry is such a big percentage of what goes on there. i think people were initially scared by the quote/unquote deposit tax. now the feeling is it's a unique solution. it's one we won't see in italy, spain or portugal. so i think the market said, well, it's okay. we can live with this. we don't think it will get repeated. certainly in the united states. the european indices have had more of a decline than we have. but we're sort o o whistling pat this graveyard, so to speak. >> mark, i think you fall in the same camp as steve, in that you think cyprus is small. c contagion is not such a big problem. financial is a sector that really has traded of late along with european woes. >> yeah. first of all, we would agree with that and we would agree with steve. i'm surprised the markets di
Search Results 0 to 6 of about 7